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An APEC leader setting the tone for the 2013 APEC CEO summit with an opening speech. Leadership, is defined as the ability of an individual, group, or organization to "lead", influence, or guide other individuals, teams, or organizations. [1] [2] "Leadership" is a contested term. [3]
Leadership, a critical management skill, is the ability to motivate a group of people toward a common goal. How you motivate Why Value-Based Leadership Is Important
Transactional leaders focus their leadership on motivating followers through a system of rewards and punishments. There are two factors which form the basis for this system: contingent reward; and management-by-exception. [citation needed] Contingent reward provides rewards, materialistic or psychological, for effort and recognizes good ...
Good strategic leadership practices, with the right balance of the analytic dimension and the human dimension and the discipline and commitment to see the process through during strategy formulation and implementation can be a strong driver to take the “we/they” line much deeper into the organization.
Leadership development is the process which helps expand the capacity of individuals to perform in leadership roles within organizations. Leadership roles are those that facilitate execution of an organization's strategy through building alignment, winning mindshare and growing the capabilities of others.
A leader's effectiveness is based on character principles like fairness, integrity, honesty, service, excellence, and growth.According to Stephen Covey's The Seven Habits of Highly Effective People, habits are a combination of knowledge (what to do and why to do it), skill (how to do it), and motivation (wanting to do it).
"At its heart is the leader's self-awareness, his progress toward self-mastery and technical competence, and his sense of connection with those around him. It's the inner core, the source, of a leader's outer leadership effectiveness." (Scouller, 2011). The idea is that if leaders want to be effective they must work on all three levels in parallel.
Another reason why you shouldn’t cut your winners and sell early is because there are few good alternatives available. Hyper-growth stocks are extremely rare and difficult to find.